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and advance. it opens a number of possibilities for us. how can we use these digital technologies and learn from them to change education on our alone campus. what weighs will we see based on the experience of these mass courses. how can that transform in cambridge and boston. secondly, we see it as a way to get harvard ideas and harvard teaching out to a broader world and way to accumulate a lot of data that can be an extraordinary resource for anybody who like to use that material to ask questions about the nature of human learning and how it ought to be structured. on the point about spreading learning to the rest of the world, i have a very moving reaction to one bit of data. one of the pilot courses. when i was in india, i met with people in india who were wanting to interact with harvard. there is a need for engagement with our schools public health. we have enormous challenges in that area. i was talking to these individuals about what kind of courses we might involve them in. this online course that i described steele has overall more than 40,000 students and 9000 of them come from
talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds beyond our borders. there are opportunities to shake things up and to cut some of the costs by allowing kids to enter world's and realms of the have never been allowed to enter before through technology and we need to spend more time figuring out how we change that paradigm if we know it. particularly for the pre-k through high-school. how can we learn better based on what we know today? >> let me try two more before we open it up to questions. warren buffett says tax rates do not matter as much as a lot of people pretend when it comes to companies and investment and innovation. i suspect you disagree. >> it seems at odds with the buffer role which suggests that taxes are important. for government to have revenue. business people who oftentimes say that that tax is that
graduate degrees masters and p.h.d.'s in science, technology, engineering, and math. and say if you graduate and you have a job awaiting you in america we're going to give you a green card. this should be the most basic of common sense because the remarkable thing these jobs now in a global economy can be anywhere in the world. not only those high-paying, high-skilled jobs themselves but sometimes support jobs. if you are an engineer you can be a computer engineer. part two, we get a few less nods on the second which is to advise what i believe policies. those folks lucky enough to stay in this country in many cases become indentured servants to the companies they work for because their ability to switch jobs or, god for bid, decide they want to be entrepreneurs and they are greatly restricted. even if folks study here or work here their ability to start that next a.o.l. is restricted. that kind of loss of talent goes to the heart of our ability to compete. we also create a brand new entrepreneur visa with a lower threshold that currently exists. this will be subject of some debate
the amount of technology. and in the end i think technology and innovation are the competitive advantage. we've got a good global footprint. we're in 140 countries. and we've got these deep relationships with customers so i think it's portfolio, technology, customers and real innovation around services and globalization and that's really where the pane is today. >> rose: one thing you're doing is something called the industrial internet. "businessweek" has a piece on that on the newsstand now. what is that and why is that so important to industry in the future? >> i think every industrial company now with sensor technology and software technology has to think about the analytical way around their products. so a jet engine or m.r.i. scanner or gas turbine creates terra bytes of data. usage data. if we could model a jet engine that saves 1% fuel burn every year, that save it is industry $2 billion. that's a lot of money for our customers and we're trying to take the analyticals as expects and restructure in the a way that benefits our customers. if you think about social media, it was about co
this year. >> the second aspect is what is going on with the energy field, in terms of technology and energy less dependence for the u.s. the third factor is what is going on in manufacturing. you can talk about the creation of jobs in the u.s. economy. if you can get the u.s. economy past this model through environment, you will see a slight acceleration in the second half. cheryl: your last point is manufacturing. in the report, it was basically flat. we had downward revision for september and october from the report. you are not concerned about that sector at all? >> i am not concerned about that sector. we are looking at a longer-term and the impact it has on the u.s. economy. when you look at what the u.s. does in a manufacturing basis, we manufacture 18.2% of other manufactured goods in the world today. that is bigger than japan. that is bigger than china. it is a very significant number. we do it better and less expensively. cheryl: a report saying it would be a good thing for this country if we begin to export natural gas. it would be good for the u.s. economy. some, especially in wa
of deutsche telekom were the biggest dax losers. in order to invest money into new technologies such as broadband networks, they decided to cut the dividend for investors. now, many people here fear that this is something that more companies might do also next year, especially if the situation of the eurozone economy does not improve. >> let's take a quick look at some market numbers now. the dax ended the day almost 0.25% down. the euro stocks 50 down just a tad. across the atlantic, the dow jones is currently going up about 0.3%, and the euro is trading for $1.2925. >> three former workers at those two banks a huge losses were concealed to avoid a government bailout. the complaints were filed with u.s. regulators, including the securities and exchange commission. >> the three alleged deutsche bank miss valuable to $12 billion in losses during the years 2007 through 2009 at the height of the global financial crisis. deutsche bank says the accusations are wholly unfounded. work has started on a major natural gas pipeline that critics say will deepen europe's dependence on russia
in national efficiency that has been brought about by technology and the new fuel efficiency standards that were enacted by the bush administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the holistic approach, to maximize u.s. production and to reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say is that petroleum use in transportation is the pivot point of this entire problem. 70% of our use of petroleum in this country is for transportation. transportation is fueled about 93% of the time by petroleum. if you want to reduce the united states' dependence on imported petroleum and the related geopolitical issues, particularly in an issue when rising demand is creating a potential conflict for these resources, then you have to recognize transportation has to be diversified away from petroleum o
society had generated technology and political networks that seemed to have conquered the globe. at this point, it was not only possible to go around the world. it had become a poplar past time. representation of doing a circumnavigation became playful, entizing -- enticing even joy us. there were costs. not all of them hidden. there seemed to be hidden glories making an swing around the planet. over the 20th century and now to the 21st century. the confidence has given way to doubt. technology logically now reforms of travel especially airplane and rocket propelled safe travel -- safe 19th century. equally, it's now clear that imperialism ha smoothed way for early under political and social conditions that would be unwise and unjust. above all, there's a growing sense of the planet as again beginning to bite back or slug us off. now that the environmental cost have begun to hunt us. we live with all three legacies of around the world travel. a reemerging fear that the planet could slug us off. continuing confident we might be able to generate technologies and political alliance
to make sure america leads the world in research and technology and clean energy. i want to put people back to work rebuilding our roads and our bridges and our schools. [applause] that's how we grow an economy. i want us to bring down our deficits, but i want to do it in a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and manufacturers like detroit diesel right here, creating jobs right here in redford, right here in michigan, right here in the united states of america. [applause] that's where we need to go. that's the country we need to build. and when it comes to bringing manufacturing back to america -- that's why i'm here today. since 1938, detroit diesel has been turning out some of the best engines in the world. [applause] over all those years, generations of redford workers have walked through these doors. not just to punch a clock. not just to pick up a paycheck. not just to build an engine. but to build a middle-class life for their families; to earn a shot at the american dream. for seven and a half decades, through good times a
range missile technology. north korea's committee of space technology said engineers found a technical problem with the first stage of the three stage rocket. the committee announced it will extend the period for lauhing byne week. north korea said it will launch the rocket between december 6th and the 22nd. the international maritime organization, and the international telecommunication union said they were told of the extension on monday. the maritime and aviation bodies use it for flight trajection. they have not provided information about a satellite's frequency or orbit. the international community should take serious action against north korea if it goes ahead with the law firm. north korea domestic media have not reported the plan to launch a rocket. >>> hillary clinton wants to persuade leaders to take a different path. she's appealing to china for help. ate departnt spokespson said clinton spoke by phone with foreign minister. >> the question was what influence china could bring to bear on the dprk to see reason and focus on the develop of their country and feeding of their pe
technology etfs that out performed. internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hos
of facts about the impact of voter i.d. but having a 29 day registration deadline. do we think technology has changed enough and practices have changed enough that we can get rid of that 29-day deadline because that does stop people from casting a ballot? >> you're doing as good a job getting answers as i did. >> i want to talk to election administers and how they're doing this because they still have to deal with paper. i thought at some point that a 30-day requirement will be called unconstitutional. 10 or 15 years from now maybe. we will do everything at registration for everybody everywhere. >> look, we have same-day registration in ohio for five days of our early voting period, and there are examples of people who are registering -- it's currently being investigated in cuyahoga county -- addresses that are vacant homes and they are actually registering there and having ballots counted. i think that when you get into same-day registration voting, i can tell you in a swing state that is highly competitive that that is a place that you'll run into fraud. we are already running into it,
. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call for higher tax rates and entitlement cuts. eamon javers on capitol hill has the very latest details for us. eamon. >> reporter: hi, bill. that letter does call for the speaker to negotiate, including all options on the table. it is a bipartisan letter. we should be a little bit careful on this because the letter habit actually been sent yet, we're told by congressman mike simpson's office. he's the congressman circulating the letter. he's gathering signatures from other members of congress, as we speak. they expect to send this letter. i've talked to some conservative republicans today here on capitol hill who say their minds are not changed, and that's going to be the group that's most difficult for the speaker to negotiate. nonetheless, the fact there's such
challenges that we are facing on technological advances. that has created a situation where the engine of sustainable economic growth and center of the middle -- the good a middle- class jobs are not as plentiful as they once were. finding a way to get them back or at least find a new way to create the middle class jobs that are sustainable as a court challenge that we face as a country. i also want to say that, we should not get stuck -- in my view should not get stuck thinking we have to solve the whole problem right away. t -- 2% growth makes everything look worse. if you were to create the aggregate demand that would give confidence to small businesses to invest again and again construction and housing going, would get the people coming into the workforce and we would start to see reasonable growth, the challenges seem a lot more solvable. i think we often get lost a in the hard challenges of our long- term future economic growth when some of the short-term challenges are not that complicated. if we were to make the infrastructure investments that we need, if we were to do the kind
. get your kicks from that analyst meeting. and united technologies. cvs is the cheapest and best drugstore play p i would be willing to buying ahead of the meeting, particularly if you have a little fiscal cliff panic before thursday. which person's going to come on wednesday and create the buying opportunity for cvs? phillips 66 reminds uz house smart it was to break up the old conoco phillips and perhaps put some focus on how hess could be next. united technologies will give us aw fiscal cliff update and a sense of how aerospace is doing now that goodrich, a premium supplier to 'o'space, is part of the family. on friday scotts miracle grow. endless excuse making for missed quarters. can they explain the poor execution? i'll listen, but frankly i doubt it. also on friday we get november industrial production and capacity utilization numbers. did november really matter or was it all sandy? i think prices were stagnant. but i want to try to figure out whether the new boom in cars and homes could impact industrial production and capacity utilization no matter what. i'm trying to un
of technology. but what we are seeing here in doha are many developed countries leaving the kyoto protocol, and joining the united states, who had left some time ago, and the remaining members in the kyoto protocol are putting forward emission reduction figures that are too low -- something like 20% for europe, which they have already achieved. so the system we started with in bali, five years ago, that developed countries would cut emissions by 5% to 20%, a similar effort under the convention. >> the u.s. did not sign onto the kyoto protocol? >> under bush, they agreed they would do similar to would be to recall program -- joke part of all members would do -- tkyoto protocol but never signed on. now each country puts forward whenever it can do, and that will not be challenged. this is not based on science. as a result we have very low emissions coming from developed countries, which means they are showing a bad example to developing countries who would want to do more, but seeing that leaders are not living up to their expectations, this has repressed their ability to do more in terms of
this missile? i have progressively gained better technology over time and progressively gained back during number of methods over a number of years and decades. .. the announcement of radar for the ally. do you have an update on that program and other efforts underway or envisioned to increase broadly missile defense, our pasture there, and that of our allies and partners. >> well, yes, i have nothing further to add they are can wanted to discuss that with our allies to determine the times and location so i have nothing more than that. when it comes to missile ballistic defense, there's a problem that affects our partners, allies in the region, as well as the homeland in that we'll continue to wait for opportunity to be able to strengthen our partnerships and our capabilities with our allies to be able to deal with the threats as they e emerge. we're going that today. >> intercepters, anything else? >> at this point in time, i'm not prepared to talk about any of the details of that. i would just say that we continue to look for opportunities to improve our capabilities as the threat set ch
it an over technology stock. it did not look good early for the stock markets. the ability or lack there of in europe. mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you
breath. but holding up. >> yes, so far. technology one of the few bright spots with apple rebounding after that huge decline we saw yesterday. its worst day in four years. it's got everybody on wall street scratching their heads trying to figure out what the problem is with apple. at any rate, here's where we stands right now. sort of a meandering day for the markets. some economic data out this morning. the market responding to that. then a sideways move after that. the nasdaq benefitting from the rebound in technology yesterday. up 11.5 points on the thatnasda. the s&p is also trading higher. there it is. up 2.5 points on the s&p. >> meanwhile, bullish sentiment at an eight-month high right now. equity allocation is still at the lowest level of the year according to the american association of individual investors survey that was out this weekend. stock in a wait-and-see mode. totally understandable until these fiscal issues are resolved. >> but don't just sit on your hands. there is money to be made if you can find the opportunities. let's find out where they are in today's "closi
in our country -- science, technology, engineering, and mathematical workers and our country. sometimes they are talking about skill gaps wenwhere there is not enough to restore connection between how we do worker training and skills that are open in particular areas. all three of those are important skill gaps or skill issues, but they do not take with them the same policy solutions, and as we move forward, i believe that places like cap and others can help us to define which issues on the policies that address them. i suggest that we will be strong as one we have the larger skills comeback. many people come from silicon valley and talk to us about the need for high skilled immigration, and i agree. we do need to do more on high skilled immigration. the president agrees. but it is is stronger case to make that to the american people if that is one component of the strategy. one, not just of a comprehensive immigration strategy, but one component of a larger skills strategy which also talks about how we can increase the number of skilled workers coming from our country, u.s. schools, u.
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that they have the capacity to be able to build and have the missile technology to be able to use it in ways of their choosing down the road. and this, as i said earlier, would be very destabilizing, i think, to not only the region, but to the international security environment. who's helping them in my assessment of their ability to be able to launch this missile? i think that they have progressively gained better technology over time, and they have progressively gained that through a number of methods over a number of years and decades. to the degree that they will be more successful than they were last time in such a short period of time and how that -- what they've done to correct it, i can't tell you how they assess that. we'll just have to -- should they choose to go ahead with it, we'll just have to see how it goes. >> -- moving into the region to monitor this? >> well, i won't go into the specifics of how we or our allies position ourselves to insure that we understand what's happening, but we do watch this very carefully, watch it very closely. of course, in my role as the pa-com co
of solar energy during his time at the white house. though new technology didn't catch on as fast as he had hoped. >> back in 1979 you famously put solar panels on the white house and you said, and i'm going to quote here, you said, either they would be a curiosity, a museum piece, or they would be a small part of one of the greatest and most exciting adventures ever under taken by the american people. i'm sore troy say the solar panels are at the smithsonian, they are museum pieces. what does this say about our commitment, where we are today, in protecting the environment? >> well, it says that the protection of environment goes up and down in america. basically because of the attitude of the president. and when president reagan came in, he removed the solar panels and sent them to a college up in, i think, connecticut. now we have one of the solar panels at the carter center, the museum, and number one producer of solar panels in the world in china, also bought one of the solar panels. so they have brought a lot of money in for that small college. we need to have consistency in america an
it is a cover for testing ballistic missal technology. >>> one week after a murder-suicide involving the kansas city chiefs player more sad news rocking the nfl. dallas cowboys ease nose tackle josh brent under arrest after a car crash that killed his teammate jerry brown. brown was just 25 years old. he was a member of the cowboys' practice squad. dominique is live in l.a. with the latest. dominique? >> hi, rick. jerry brown was a practice squad line backer. he was killed in the one-car accident around 2:20 in the morning in the dallas suburb of irving. his teammate josh brent was behind the wheel, and just the two of them were in the vehicle. the police department described how the accident unfolded. >> it appears as if he was traveling at a high rate of speed at which time his vehicle touched or impacted the outside curb of the service road causing his vehicle to flip at least one time. the vehicle ultimately came to rest on its top once it slid back into the roadway and came to rest in the center of the service road. >> they say brown pictured here during his college days was found unrespon
across the table and president reagan said i will share with you the technology of the strategic defense initiative. gorbachev said you won't even share with us milking machine technology. those of us who were no takers stopped taking notes. we had never seen an exchange like that. these two men arrived in minivan and reykjavik with the dialogue in place, a style with talking with each other, respect for each other which is palpable and a belief that each could probably deliver on what they were talking about. very important. everyone knows the talks broke down. what was there was the agreement that there would be 100 long-range on each side, europe would be free of such missiles and 100 would be placed in soviet asia and for the united states, hundred missiles would be placed in alaska. hard to say. it will be 100, and gorbachev set off at that point on the circuit to try to use sdi as the obstacle to progress and somehow get us to except the difference. meanwhile at reykjavik on the telephone, get to basic countries before the press called each of the basic countries and their leadersh
. the reality is technology has leaked us forward. how do you make sure that we as a country do the things whether it be making sure we are competitive and i won't go into my tax discussion, but we need to rebuild our tax code to be competitive with the world. >> the congressman is right. i think that we always end up -- america creates the stuff that makes the world go. we have the most freedom. people come here to make things. will this be the next steven jobs from china? i don't know. if you have a creative idea there is the ability to find capital and you are not regulated out of existence. those are the things that make us vibrant so we are always renewing ourself, so we are always competitive. >> i want you -- >> we just assumed it. >> if you agree with him, we don't have a show. >> the regulation part. >> the iron fist of government. >> you and your liberal ilk. >> at the end of the tax code do we find out mary is actually married to jesus? >> spoiler alert. >> from syborgs to scientists should they steer more engineers? well florida state wants to coach college students into degg t
. and for those who are unfamiliar with the term "stem" it stands for science, technology, engineering, and math. the hard sciences that we have too few in terms of graduates from our colleges and universities. this bill passed in the house of representatives with 245 votes, and was originally sponsored by my friend and colleague, lamar smith of texas, and is very similar to a piece of legislation i myself have introduced earlier this year. the goal of this legislation is one that i think is -- enjoys broad bipartisan support, and that is to help the united states retain more of the highly skilled immigrants who come to study at our colleges and universities. in particular, this bill would make eligible for a green card those who graduate in the stem fields who get a master's degree or a ph.d. and so we would not add to the net number of green cards that would be eligible, there is 55,000 diversity lottery visa green cards that would be substituted for by these stem green cards. now, we all know that america's immigration system is broken, and, unfortunately, it's a self-inflicted wound in many
help us from the technology world. we got the database together back in the early 80s and we were one of the first to go on the -- and we wrap their mind around that project and we were able to make the store more profitable. but over the years, most recently in order to diversify, we started our own digital book on demand business called the toy bookmakers, where we make books, literally physically make books. we take the manuscript. we formatted into a book. we print the pages. we did that include. we trim it up, slap a cover on it and we make beautiful books. for our local authors that want to self-publish and also for some of the you know, some of the professors for textbooks, for people that want to do a famous cookbook. we stay right at the cutting-edge of print technology and the other avenue we have gone down to to stay on top of things as we started our own publishing company called fast success. the inspiration for it was of course if we found a manuscript that we loved, we knew that we could sell it, so we just had to find the right author, the right manuscript and so we ar
-air technology that allows you to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exusively at one of our 400 sleep number sres nationwide. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. melissa: as washington is in the middle of this tumultuous fiscal cliff negotiations from a white house looking for more money in the terms of emotions the aid request rebuilding efforts. still willing from super storm sandy here in the northeast. peter barnes in washington with the latest on that effort. speaker according to "the new york times" for white house will be looking for about $50 billion to help rebuild from hurricane sandy. officials testifying declined to comment that number but they did say the white house will be sending in disaster relief bill up to congress by the end of the week. the three hardest hit states: new york, new jersey and connecticu
the right care at the right place at the right time. like many organizations and industry, technology play such an important role in enabling us to have been. investing today in data analytics capabilities that identify care and support positions of patience and relevant information. one example [inaudible] -- to identify individuals before it occurs. in a month, identifies more than 407 numbers and produces over 800,000 workers. conversion rates for these interactions been a member got the message in the gap in care was closed. leading to higher quality at lower cost. our vision includes technology that enables practice management , practices that use different electronic health records to exchange information and talk to each other. this allows physicians to share patient information in real-time to further reduce the gap care. we also support health plan members with an array of service and programs designed for making health and addressing chronic position. for members to assessment -- [inaudible] dc-10 to the humana vitality, personalized portal that rewards the number for following a
of this market is rotation. look at we're losing the technology and getting financials. perfect. >> all right. dan -- >> look, i agree. >> you're going to sell him what he wants to buy? >> i agree with the bullishness longer term. i think in the next, you know, zero to nine months, it's more like a fiscal cliff and we're b bungee jumping. the markets have done well. the fundamentals in corporate america have been way better than the economy. earnings growth and revenue growth in the s&p 500 has dramatically slowed since the second quarter. i think unfortunately one thing people are missing is that the uncertainty today is going to show up in the fundamentals in the first quarter, maybe even the first half of 2013. we still have a lot of issues in europe. andrea merkel has to get elected in the second half of next year. that's going to make it difficult for any pro-growth solutions to appear in europe. i think, frankly, i'm not that confident that the market hasn't already positively priced in a fiscal cliff resolution. i think the first half is like a bungee jump. >> so dan, cut through all o
of tax breaks. they built something in north carolina that produced only 50 jobs. >> a lost technology -- a lot of these technology do these data centers. you don't need a lot of workers to monitor that. it's not like an auto factory. apple has gotten incentives all over. they got $40 million in texas recently and you know, the thing is that it's unclear that these technology companies in the long run are going to be a much better bet than the automakers were. i mean, there's a lot of communities that feel like they got kind of a raw deal with the car makers. >> greta: every time you give a deal to a company, it's revenue taxpayers have to come up with and they don't get the jobs. it ends up biting them anyway. great a story. >> thank you. >> >> greta: great discovery. thank you. knows snarky and yes, sometimes obnoxious comments on the internet could cost you. find out what woman wrote on line that got her sued. your favorite lawyers are here to talk about it. that's next. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously
. it had previously planned to sell 10.1 million shares at $13 to $15. technology, entrepreneur, elam musk is solar city's chairman. i didn't know that. >> have you met him. >> no. i've driven a tesla. >> they're beautiful, right? >> gorgeous. >> they're silent. the 20two seater i was in -- i' not that big. >> hard to get the clubs in? >> no, no. can't fit a golf ball in there. >> i interviewed musk years ago. i think one of the most interesting people in business in the world. >> like a fast golf cart. no sound. walking along and all of a sudden -- they should add a sound. >> yeah. for safety. >> doesn't it make a whoosh -- >> with the wind and stuff. the sound itself is just -- >> silent. >> and really like -- when a maserati rrrs, it's awesome. you like that noise. >>> still to come, more news on the holy grail of tech. apple tv. plus, a virtual who's who in the world of investing coming up on "squawk box." >>> carlisle's david rubenstein, steve schwarzman of blackstone, marc andreesen, and jamie dimon. change engineering in dubai, aluminum production in south africa, and the aerospace
on a longer term basis. >> neither of you chose any technology companies or any toy companies. eric, are they just not resonating this season, or what's going on? >> you know, when you look at it, i think this has been a year where power has really taken back share. there's no really must-have items, and you can look at things like tvs that have gotten cheaper and cheaper. not having as much impact and the toy business is having real significant problems given the fact that it's up against technology and frankly kids don't find toys as exciting anymore as -- as -- >> that is so depressing, so depressing. >> is that what's happening at your house? >> absolutely. they want stupid stuff. i don't mean stupid, things they are never going to get like an ipad. >> or a pony. >> or an iphone, it's like in your dreams. you're going to get a ken doll and that kind of thing. >> thank you both for joining us today. merry christmas. >> see you later. >> happy holidays. >> i've got to get to shopping here. >> feeling the pain, a tech company's ceo. coming up next on why he may have to cut staff in
three major indices did post gains. technology had to be, right? was one of the best performers along with consumer discretionary. today's top performing sectors, health care and utilities, well, they did lag. the number of americans filing new applications for unemployment benefits falling for a third straight week as we remind you, thises the number you want to see fall. hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 from 393,000. and treasury prices rising today, pushing yields back down to their lowest level in more than two weeks. look at this pathetic yield on the ten-year note. it fell two basis points to 1.57%. you're not getting a lot of return there. david: which is why some people are putting their money in stocks. we have all this covered. we have til mulholland in the pits of the cme. we have a street fight. jeff believes there will be a fiscal cliff resolution. david wright, on the other hand, thinks d.c. will
more opportunity in 2013. liz: you do that in technology. why is that? >> we have seen a hit to the economy on the business side, and it is being felt this year. it is pent up demand in 2013 that i think would probably find a lot of dollars going to technology. there continues to be the need to invest in productivity going away. >> if your company is holding back on spending on newer computers, there's a cycle, we invest in that. we heard a lot of people say we won't have a real rally into housing comes back. does it still -- the the entire market depend on that? are people becoming in nord to the housing has to be -- >> it doesn't depend as much, people assume it doesn't matter anymore. what is being underestimated is a positive ripple effect. even bears concede we are seeing the beginning of a recovery. it is going to start to feed into confidence and even though it is only 2.7% gdp, and housing goes beyond not just the least being psychology. liz: we put together what i thought was a very cool charge because it shows a strong inverse correlation between housing starts and
technology has begun near tokyo. about 200 companies are taking part from japan, china and germany and several other countries. demand is growing in japan has power companies are now required to purchase renewable energy. but japanese solar makers lag behind overseas competitors in terms of profitability. this is one of the exhibitors. the japanese company is displaying solar panels with the world's highest level of power efficiency. it's trying to make a profit by selling solar panels as well as the electricity it generates. sharp is exhibiting a new product which is a combination of window glass and a solar battery. although it can be used on homes and office windows, it can generate only half the power of a regular solar panel. >>> more people in japan are planning to travel during the coming year end holidays. they're planning to travel for the first time in two years. this is due to the calendar that lets people take up to nine straight days. more than 30 million people have made reservations for either domestic or overseas trips from december 23 to november 3. reservations fo
that your television is watching you? creepy new technology to tell you about. breaking news is the second hour of "happening now" starts right now. jenna: we are already creeped out already. greg: let's move on. two stars to the republican party laying out their vision for the future. welcome to a brand-new hour of "happening now." jenna: we are glad you are watching. the gop not wasting any time looking ahead to the 2016 presidential campaign. two possible candidates on the same stage last night. paul ryan, who ran for vice president, the keynote speaker. at the dinner he also had someone with him. someone we are familiar with, senator marco rubio from florida. here is mr. ryan talking about the american dream. >> we need to carry on and keep fighting for the american idea. believe that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. jenna: paul ryan says that for too many americans, that promises not being met. marco rubio saying that big government cannot substitute for a thriving free
technology is pretty indestructible. the car has never broken down. it is in tip-top shape. we would not be doing it if we had doubts about it. >> they run a car dealership that specializes in vehicles from a former east bloc. they sell about four each month. buyers like the fact that these cars hold their value. >> in the last two or three years, they have doubled in value, and restoring is costly. prices are slowly rising because there are fewer of these cars around. they are dying out. >> stefan has just bought one. the 25-year-old wanted a car that was unique, inexpensive, and would hold its value. >> in my circle of friends, i am the only one who has a vehicle like this, but they all love it. each of them has a hobby or some little quirk. they drive a motorcycle or something, but i drive a lada. >> he bought his car from a man who also provides technical support. he is fascinated by the low-tech lada. the car dealers embark on their grand voyage. they will attend a meeting held by fans of soviet-era cars. after 1,400 kilometers on the highway, they make a pit stop. the visit mar
the energy crisis. and a few years, nearly five on my machine technologies that transform petroleum industry in the past five years, the horizontal tracking and other developments that have made it possible with a much smaller surface reached much larger tropes of fuel than in the past. the green energy sources that consumed the most valuable part of the global environment, which is the surface of the earth, air above all soils on the surface of the earth. you know, you have cells in windmills and biofuels and all of these systems waste what is important, which is the surface it ears, while ignoring the almost infinite tropes of energy below the surface of the earth that can be reached with a very small footprint of usable land. >> what is all true wisdom and how does that fit into the capitalist system? >> all true wisdom is an orientation towards the needs of others. i believe capitalism is intrinsically altruistic. that is to say that capitalism is based on making investment without any assurance that others will respond to god. capitalist investments only work if they respond imaginative
from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 2016, the firm says another 375,000 jobs will have gone to places such as india, china, mexico and the philippines. just one day after apple reveals it will manufacture some of its products in the u.s., foxconn says it may follow suit. foxconn, apple's primary manufacturer in china, says it is considering expanding its operations in the u.s., where it currently has two factories. foxconn has seen its image suffer of late following revelations that workers are subjected to poor working conditions and mandatory overtime at factories in china. the company says expanding its american operations is part of a long-term global expnasion plan. american airlines is closer to flying out of bankruptcy now that the pilots' contract is a done deal. pilots have flown without a contract since 2006. under terms of the agreement, they will receive a pay raise, plus a 13.5% stake in the company worth around $100,000. in exchange, the airline can outsource more fl
. those people in the villages, they don't know about technology. they have been suffering. >> it also means his friends back home can follow him on his dirty to geneva, despite the difference -- on his journey to geneva, despite the differences -- distance. >> that's it for "journal." >> find more at see you soon.
. >> modern technology has given us medical advances once never imagined. britain is starting an ambitious new project. 100,000 patients with serious diseases are going to have their dna fully ampped in the hope that will help doctors develop new treatments. it is the first country to launch such an extensive database. our correspondent has the details. >> cancer happens when our dna mutates and our normal cells grow unchecked. mapping the mutations that drive cancer is already happening. for the first time, it will be offered to huge numbers of patients. who will carry out the sequencing and analysis over the next five years has not been worked out, but the prime minister on a visit to cambridge said the project has the potential to transform cancer treatment. >> the dna database can help us to do that, but we also want to keep britain at the forefront of biotechnology, pharmaceutical industry. we can be a world leader. >> at the heart of each human cell is a bundle of tightly packed dna lounge in the spiral shaped of the double helix. there are 3 billion pairs of chemical code. by comparing
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